EasyMarkets vs IG Australia 2026: Which ASIC Broker Is Best for Experienced Traders?

For Australia traders, trading costs vary between EasyMarkets and IG due to their different pricing models. IG offers variable spreads starting from 0.0 pips on its Raw Spread account with a commission per lot, while the standard account has spreads from 0.8 pips without commission. EasyMarkets provides fixed spreads on major pairs, typically from 1.2 pips, which can be higher than IG's average variable spreads especially during volatile sessions. Consider your trading volume: high-frequency traders in Australia will benefit more from IG's lower raw spreads, while those valuing cost predictability may prefer EasyMarkets' fixed structure. Both brokers charge no deposit or withdrawal fees, but keep an eye on swap rates if holding positions overnight.

Australia traders require reliable and feature-rich trading platforms. IG provides its proprietary web and mobile platforms, plus MetaTrader 4, ProRealTime, and L2 Dealer for advanced charting and algorithmic trading. This flexibility suits experienced traders who need depth. EasyMarkets offers its own web-based platform and mobile app, alongside MetaTrader 4 and MetaTrader 5. While both support essential tools, IG's platform ecosystem is more comprehensive with automated trading, backtesting, and custom indicators. For Australia traders who prioritise advanced analysis and direct market access, IG's platform suite is superior. EasyMarkets' platforms are user-friendly and ideal for traders who prefer simplicity and guaranteed stop-loss features.

Execution quality varies between the two brokers. IG offers direct market access (DMA) on major forex pairs and indices, typically with no re-quotes and fast order execution. EasyMarkets operates as a market maker, using a dealing desk which can lead to occasional re-quotes during volatile conditions. For experienced traders in Australia who rely on precise order fills and rapid execution, IG's straight-through processing (STP) and DMA model are preferable. EasyMarkets' fixed spreads and guaranteed stop-loss may appeal to those prioritising risk management over speed. Both brokers execute orders reliably, but IG's execution is more competitive for high-frequency and large-volume traders.

Both EasyMarkets and IG are regulated by the Australian Securities and Investments Commission (ASIC), which imposes strict standards on brokers serving Australia traders. ASIC regulation means client funds are held in segregated trust accounts, leverage is capped at 30:1 for retail clients, and brokers must offer negative balance protection. Additionally, traders have access to the Australian Financial Complaints Authority (AFCA) for dispute resolution. IG has a longer track record and larger scale under ASIC oversight, while EasyMarkets has maintained its compliance without major issues. For experienced traders in Australia, ASIC regulation provides a safe trading environment, and both brokers meet these requirements fully.

Australia traders benefit from convenient local deposit methods at both EasyMarkets and IG. You can fund your AUD account using BPAY, POLi, Bank Transfer, or Credit Card. BPAY and Bank Transfers are ideal for larger amounts but may take 1-2 business days, while POLi and Credit Cards are instant. IG also accepts PayPal, adding another instant option. Minimum deposit for IG is A$0 on standard accounts, while EasyMarkets requires a minimum of A$100. Withdrawals are processed quickly: IG offers same-day withdrawals via Bank Transfer and others subject to verification; EasyMarkets processes within 1-2 days. Both brokers do not charge fees for deposits or withdrawals, though your bank may apply charges for international transfers. For Australia traders, IG provides slightly more payment variety and faster withdrawals overall.

Australia Muslim traders can open Islamic (swap-free) accounts with both EasyMarkets and IG. These accounts comply with Sharia law by not charging or paying overnight interest (swap) on positions held beyond the daily rollover. To open a swap-free account, you typically need to provide proof of Muslim faith or sign a declaration. EasyMarkets restricts swap-free accounts to certain account types and may apply a small administrative fee after a holding period. IG offers Islamic accounts across its platform options with clear terms. For traders in Australia who require swap-free trading, both brokers accommodate, but IG's policy is more straightforward and widely recognised. Always confirm current conditions as fees or limits may change.

Customer support is essential for Australia traders, especially during volatile market hours. IG provides 24/7 support via live chat, phone (including an Australian local number), and email, with fast response times. EasyMarkets offers support during forex market hours via live chat, email, and phone, with a local Australian number as well. IG's round-the-clock availability gives it an edge for traders who operate outside standard Australian business hours. Both brokers have extensive FAQs and educational resources, but IG's multilingual support team is larger and more responsive for experienced traders needing immediate assistance.